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UCB Home Loans launches self-certification flexible mortgage

Nationwide specialist lender UCB Homeloans is launching a flexible mortgage called FlexiPlus, aimed at the self-certification market.

The FlexiPlus mortgage has a 1 per cent discount off its variable rate, currently 7.99 per cent, for the first two years and is available on 85 per cent loan to value.

The product allows underpayments of up to the value of three months payments or three month payment holidays.

UCB Home Loans managing director Charles Reed says: “FlexiPlus is our response to intermediary demand and I hope that the features offered by this product will provide advisers with the very definition of a true self-certification flexible mortgage.”

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